China's growth slows to 28-year low as trade war weighs

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China’s economy in 2018 grew at its weakest annual pace in nearly three decades amidst a protracted trade war with the US, putting pressure on Beijing to reach a deal with Washington and to amp up stimulus measures in efforts to avert a sharper slowdown.

Full year GDP growth clocked in at 6.6 per cent, the slowest since 1990. While in line with analyst expectations, it was slower than the 6.8 per cent posted the year prior, according to official data. The economy faltered most at the end of the year, recording 6.4 per cent growth for the fourth quarter.

It is feared the slowdown in China, which has generated nearly a third of global growth in recent years, will weigh on the global economy.